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Technology Stocks : Corel Corp. -- Ignore unavailable to you. Want to Upgrade?

To: A. Reader who wrote (7672)	10/29/1999 9:37:00 PM
From: A. Reader	Read Replies (2) \| Respond to of 9798

OSC allows Cowpland to trade shares while awaiting trial Corel board meets without chairman ...One legal expert suggested a number of reasons why Corel's directors might want to meet independently of Mr. Cowpland. "The board is to act in the best interests of the shareholders," said Mary Condon, a law professor at Osgoode Hall Law School. "(Corel) might want to take action against Mr. Cowpland to recover any money that may have been lost to the corporation as a result of his alleged actions." Or, she added, they could be meeting "to ensure that they took correct procedures to ensure that material information was released in a timely manner by the company (so) no allegation could be made by shareholders that the board is implicated in a loss of shareholder value" relating to the charges against Mr. Cowpland. ottawacitizen.com